Fast, Easy Financing with No Money Down!
Up to $50k credit line
Pay 0% for 30 days
As low as 1% after 30 days
Decisions in 30 seconds
Credit Key offers simple monthly terms in seconds, for your business purchases.
The funds you need, when you need them.
About Credit Key
Credit Key is not a lease or financed loan, but a line of credit allowing you the flexibility to purchase equipment and supplies as needed. Through Credit Key, you will have the ability to get pre-approved for a certain amount before you place your order.
Simple, Affordable Monthly Terms:
First 30 days always interest-free. No early repayment fees.
Get a Decision in Seconds:
You'll get a decision immediately. Checking your rate will not affect your credit.
Larger, Better Lines of Credit:
Lines of business credit up to $50k*. You only pay for what you use.
Up to $50,000 credit line*
0% for 30 days
Fees starting at 1% monthly, after 30 days
Up to 12 month terms
Decisions in 30 seconds
* Subject to credit check and approval. All Credit Key loans are made by First Electronic Bank, a Utah Chartered Industrial Bank, member FDIC.
Frequently Asked Questions
How does the application process work?
Credit Key’s application process is simple and does not affect your personal credit. Applications are online through any of our partner merchants. You provide details about yourself and your business. Most customers are approved in seconds.
Are there any setup charges or ongoing fees?
Credit Key does not charge any setup fees. If you choose to go beyond 30 days, you can be approved for as low 1% per month (on approved credit).
Will my application impact my FICO/credit score?
Applying for Credit Key is a “soft inquiry,” which does not impact your credit score.
What are the eligibility requirements for Credit Key?
Credit Key eligibility requirements:
- Be an individual applying under your own name
- Be an owner/signatory of business in application
- Be a U.S. citizen or legal resident of minimum signing age in your state of residence
- Have a FICO/credit score of 600 or higher
- Have a total annual business income of $40,000 or more
- Provide your Social Security Number
- Have a nominated bank account or debit card for repayments
Note: Credit Key is not available at this time for individual who are not owners/signatories of a sole proprietorship, company, partnership, corporation, or institutions.
How do I apply and how long will the application process take?
Applications are made on Credit Key’s Apply Now page, or through our partner merchant sites. Typically, the application takes only a few minutes and most applications are approved in seconds through the secure process.
What is my credit limit?
Credit Key offers limits up to $50,000. Once qualified, you can use Credit Key for all of your business purchases, up to your maximum. You only pay for the credit you use, and the first 30 days is always free.
How many repayments will I need to make?
Payments can be approved to extend up to 6 months. Routine, monthly repayments will occur until the balance is paid off. Once you have been qualified, you can use Credit Key for all of your business purchases, up to our maximum. You only pay for the credit you use, and only beyond 30 days.
How are repayments made?
Repayments are made through your bank account. You will be provided instructions to setup your bank on your CreditKey.com dashboard upon application approval. An automatic bill payment will be issued and scheduled to transfer the funds on a predetermined date to pay a recurring bill. Automatic bill payments are routine payments, until the balance is paid off.
Can I buy more than one item?
Yes, you can use Credit Key to purchase multiple items at any time, as long as you are within your Credit Key trade credit limit.
How can I increase my credit limit?
Currently, the only way to potentially increase your credit limit with Credit Key is by demonstrating a successful payment history with Credit Key loans, and/or achieving a higher personal FICO score with the credit bureaus.
Can I pay off my Credit Key loan early?
Absolutely. You are able to pay off your Credit Key loan at any time, with no fees or penalties for early repayment.